Baker Tilly Ecuador

Baker Tilly Ecuador is a professional services firm that administers company payroll on an outsourced, confidential basis. It prepares payslips on a weekly, biweekly or monthly cycle and ensures compliance with Ecuadorian labour law, including timely filings with the Ministerio del Trabajo and the Instituto Ecuatoriano de Seguridad Social (IESS).

The service covers thirteenth and fourteenth salary schedules, distribution and reporting of profit sharing, monthly income tax calculations with preparation of the Anexo de Relación de Dependencia and form 107, transfers to employee bank accounts, and contribution, loan and reserve fund schedules. The firm also supports hiring and termination, advising on contract content and calculating and reporting settlements, manages the SUT system and the IESS portal, and calculates employer pension obligations and related payroll runs.

Clients receive access to a cloud application for both employees and the client's human resources staff, where payslips, accrued vacation, family dependants, leave and sick days can be consulted and correspondence, payslips and personal expense forms are centralised. The payroll system can be configured to accommodate different pay conditions and payment types.

The firm serves companies of varying sizes operating in Ecuador that prefer to outsource payroll administration while keeping employee financial and personal data handled securely.